According to the Passengers’ Survey, the residents of Cyprus travelling abroad in July soared 12.9% (15.7 thousand) to 137,419 compared to 121,708 in the corresponding month of 2007. This increase...
According to CYSTAT data released on Monday, the area of licensed projects in the first six months of the year fell 8.7% to 1.75 million square meters compared to 1.91 million square meters in the...
The European stock markets and the CSE are sharply down on Monday, after Lehman Brothers filed for a bankruptcy and Merrill Lynch was acquired by Bank of America. After Lehman’s announcement that it...
Property investors should expect lower returns because market enters a period of recession. In his interview to StockWatch, Land Registry Manager, Andreas Christodoulou said that property prices...
The major issues in today’s financial press are the ECB data on the loans’ interest rates, Eurostat’s data on employment in Q2 2008 and the differentiation of choices of the foreign property buyers...
Executive Manager, Lambros Christofi decided to withdraw from his post during the most critical period for the development course of Aspis Holdings, but also the most profitable. Mr. Christofi...
According to Eurostat data released on Friday, employment in Cyprus recorded a significant increase in the second quarter of 2008. Specifically, the number of the employed rose 3.2%. In the first...
The Cyprus Stock Exchange managed to turn losses into gains on Friday due to the positive climate in the European stock markets, which are moving up influenced by the good performance of the US...
Entrepreneurs are pessimistic for the course of economy in the second half of 2008. According to an OEB specialized survey carried out by a research company to 1146 businesses, the Cypriot...